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AUD/USD is Setting up Range Between 1.0683 and 1.0525

posted by Avatar FXTimes 477 days ago in USD, AUD, Technical

The AUD/USD rallied from the 1.0525 pivot yesterday, staying in a rising channel (seen in the 4H chart), and advancing back to last week’s high near 1.0683. Failure to break above and a subsequent decline in the US session sets up a range between 1.0525 support and 1.0683 resistance, with central pivot near 1.06...
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